Deposit protection

The Housing Act 2004 introduced Tenancy Deposit Protection for all deposits paid from the 6th April 2007.

Landlords are required to ensure that deposits paid are registered with an approved deposit scheme and that the Tenant or the person paying the deposit (friend/ parent/ guardian) is issued with the appropriate Scheme Prescribed Information.

Mundys can assist with the registration of the tenancy deposit and currently uses the Deposit Protection Scheme (DPS) in accordance with this legislation. More information on the DPS is available at www.depositprotection.com.